<XML><RECORDS><RECORD><REFERENCE_TYPE>0</REFERENCE_TYPE><REFNUM>9335</REFNUM><AUTHORS><AUTHOR>Cockshott,W.P.</AUTHOR><AUTHOR>Zachariah,D.</AUTHOR></AUTHORS><YEAR>2010</YEAR><TITLE>Credit Crunch Origins and Orientation</TITLE><PLACE_PUBLISHED>Science and Socieyt</PLACE_PUBLISHED><PUBLISHER>N/A</PUBLISHER><PAGES>343-361</PAGES><ISBN>issn 0036-8237</ISBN><LABEL>Cockshott:2010:9335</LABEL><KEYWORDS><KEYWORD>credit</KEYWORD></KEYWORDS<ABSTRACT>The cyclical pattern of capitalism is periodically punctuated by severe crises that lead to restructuring of the political-economic system. In this article we argue that the underlying factor of the current crisis is a real economic imbalance caused by an unprecedented growth of the nancial sector. Moreover, we argue that a return to an expansive era of capital accumulation will become impossible in the advanced countries.</ABSTRACT></RECORD></RECORDS></XML>